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Supplemental Guarantor/Non-Guarantor Financial Information (Tables)
 3 Months Ended
Mar. 31, 2012
Supplemental Guarantor Non Guarantor Financial Information [Abstract]  
Unaudited Supplemental Condensed Consolidating Statements of Operations
Unaudited Supplemental Condensed Consolidating Statements of Income
 
Three Months Ended March 31, 2012
 
Parent
Company
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Consolidated
 
(Dollars in millions)
Total revenues
$
—

 
$
1,149.2

 
$
918.6

 
$
(29.2
)
 
$
2,038.6

Costs and expenses
 
 
 
 
 
 
 
 
 
Operating costs and expenses
(124.4
)
 
852.4

 
739.8

 
(29.2
)
 
1,438.6

Depreciation, depletion and amortization
—

 
74.7

 
70.2

 
—

 
144.9

Asset retirement obligation expense
—

 
10.9

 
4.3

 
—

 
15.2

Selling and administrative expenses
10.1

 
51.9

 
9.0

 
—

 
71.0

Other operating (income) loss:
 
 
 
 
 
 
 
 
 
Net gain on disposal or exchange of assets
—

 
(1.9
)
 
(2.1
)
 
—

 
(4.0
)
(Income) loss from equity affiliates
(116.4
)
 
1.9

 
20.8

 
116.4

 
22.7

Interest expense
103.4

 
5.3

 
115.0

 
(121.7
)
 
102.0

Interest income
(77.8
)
 
(34.9
)
 
(17.1
)
 
121.7

 
(8.1
)
Unrealized (gain) loss on derivatives
—

 
(59.2
)
 
59.2

 
—

 
—

Income (loss) from continuing operations before income taxes
205.1

 
248.1

 
(80.5
)
 
(116.4
)
 
256.3

Income tax provision
32.4

 
1.0

 
40.6

 
—

 
74.0

Income (loss) from continuing operations, net of income taxes
172.7

 
247.1

 
(121.1
)
 
(116.4
)
 
182.3

Loss from discontinued operations, net of income taxes
—

 
(0.2
)
 
(3.8
)
 
—

 
(4.0
)
Net income (loss)
172.7

 
246.9

 
(124.9
)
 
(116.4
)
 
178.3

Less: Net income attributable to noncontrolling interests
—

 
—

 
5.6

 
—

 
5.6

Net income (loss) attributable to common stockholders
$
172.7

 
$
246.9

 
$
(130.5
)
 
$
(116.4
)
 
$
172.7

Comprehensive income (loss) attributable to common stockholders
$
205.2

 
$
279.5

 
$
(116.9
)
 
$
(116.4
)
 
$
251.4



Unaudited Supplemental Condensed Consolidating Statements of Income
 
Three Months Ended March 31, 2011
 
Parent
Company
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Eliminations
 
Consolidated
 
(Dollars in millions)
Total revenues
$
—

 
$
976.9

 
$
895.2

 
$
(129.0
)
 
$
1,743.1

Costs and expenses
 
 
 
 
 
 
 
 
 
Operating costs and expenses
(82.8
)
 
686.2

 
772.8

 
(129.0
)
 
1,247.2

Depreciation, depletion and amortization
—

 
74.2

 
33.5

 
—

 
107.7

Asset retirement obligation expense
—

 
9.8

 
3.5

 
—

 
13.3

Selling and administrative expenses
8.5

 
50.0

 
3.1

 
—

 
61.6

Other operating (income) loss:
 
 
 
 
 
 
 
 
 
Net (gain) loss on disposal or exchange of assets
—

 
(4.9
)
 
0.9

 
—

 
(4.0
)
(Income) loss from equity affiliates
(159.9
)
 
1.9

 
1.1

 
159.9

 
3.0

Interest expense
51.1

 
13.2

 
3.4

 
(16.7
)
 
51.0

Interest income
(4.3
)
 
(5.3
)
 
(11.2
)
 
16.7

 
(4.1
)
Income from continuing operations before income taxes
187.4

 
151.8

 
88.1

 
(159.9
)
 
267.4

Income tax provision
10.3

 
41.2

 
21.3

 
—

 
72.8

Income from continuing operations, net of income taxes
177.1

 
110.6

 
66.8

 
(159.9
)
 
194.6

Loss from discontinued operations, net of income taxes
(0.6
)
 
(0.3
)
 
(15.0
)
 
—

 
(15.9
)
Net income
176.5

 
110.3

 
51.8

 
(159.9
)
 
178.7

Less: Net income attributable to noncontrolling interests
—

 
—

 
2.2

 
—

 
2.2

Net income attributable to common stockholders
$
176.5

 
$
110.3

 
$
49.6

 
$
(159.9
)
 
$
176.5

Comprehensive income attributable to common stockholders
$
262.8

 
$
55.7

 
$
64.9

 
$
(159.9
)
 
$
223.5
Unaudited Supplemental Condensed Consolidating Balance Sheet

Unaudited Supplemental Condensed Consolidating Balance Sheets
 
March 31, 2012
 
Parent
Company
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Reclassifications/
Eliminations
 
Consolidated
 
(Dollars in millions)
Assets
 
 
 
 
 
 
 
 
 
Current assets
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
400.4

 
$
0.9

 
$
551.1

 
$
—

 
$
952.4

Accounts receivable, net
7.1

 
74.6

 
666.4

 
—

 
748.1

Inventories
—

 
271.4

 
243.5

 
—

 
514.9

Assets from coal trading activities, net
—

 
20.2

 
23.1

 
—

 
43.3

Deferred income taxes
—

 
46.9

 
—

 
(22.6
)
 
24.3

Other current assets
345.1

 
58.1

 
343.5

 
—

 
746.7

Total current assets
752.6

 
472.1

 
1,827.6

 
(22.6
)
 
3,029.7

Property, plant, equipment and mine development, net
—

 
4,886.4

 
7,082.7

 
—

 
11,969.1

Investments and other assets
10,478.4

 
270.4

 
988.3

 
(9,798.8
)
 
1,938.3

Total assets
$
11,231.0

 
$
5,628.9

 
$
9,898.6

 
$
(9,821.4
)
 
$
16,937.1

 
 
 
 
 
 
 
 
 
 
Liabilities and Stockholders’ Equity
 
 
 
 
 
 
 
 
 
Current liabilities
 
 
 
 
 
 
 
 
 
Current maturities of long-term debt
$
75.0

 
$
0.1

 
$
39.5

 
$
—

 
$
114.6

Payables to (receivables from) affiliates, net
2,460.1

 
(2,673.6
)
 
213.5

 
—

 
—

Liabilities from coal trading activities, net
—

 
10.8

 
3.8

 
—

 
14.6

Deferred income taxes
11.6

 
—

 
11.0

 
(22.6
)
 
—

Accounts payable and accrued expenses
132.9

 
668.0

 
701.9

 
—

 
1,502.8

Total current liabilities
2,679.6

 
(1,994.7
)
 
969.7

 
(22.6
)
 
1,632.0

Long-term debt, less current maturities
6,410.5

 
6.7

 
121.2

 
—

 
6,538.4

Deferred income taxes
89.7

 
151.0

 
350.1

 
—

 
590.8

Notes payable to (receivable from) affiliates, net
(3,734.8
)
 
(923.9
)
 
4,658.7

 
—

 
—

Other noncurrent liabilities
59.4

 
1,934.6

 
369.1

 
—

 
2,363.1

Total liabilities
5,504.4

 
(826.3
)
 
6,468.8

 
(22.6
)
 
11,124.3

Peabody Energy Corporation’s stockholders’ equity
5,726.6

 
6,455.2

 
3,343.6

 
(9,798.8
)
 
5,726.6

Noncontrolling interests
—

 
—

 
86.2

 
—

 
86.2

Total stockholders’ equity
5,726.6

 
6,455.2

 
3,429.8

 
(9,798.8
)
 
5,812.8

Total liabilities and stockholders’ equity
$
11,231.0

 
$
5,628.9

 
$
9,898.6

 
$
(9,821.4
)
 
$
16,937.1

Supplemental Condensed Consolidating Balance Sheets
 
December 31, 2011
 
Parent
Company
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Reclassifications/
Eliminations
 
Consolidated
 
(Dollars in millions)
Assets
 
 
 
 
 
 
 
 
 
Current assets
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
$
283.2

 
$
0.8

 
$
515.1

 
$
—

 
$
799.1

Accounts receivable, net
5.3

 
100.8

 
816.4

 
—

 
922.5

Inventories
—

 
220.0

 
226.3

 
—

 
446.3

Assets from coal trading activities, net
—

 
14.9

 
29.7

 
—

 
44.6

Deferred income taxes
—

 
48.0

 
—

 
(20.7
)
 
27.3

Other current assets
305.1

 
98.8

 
362.2

 
—

 
766.1

Total current assets
593.6

 
483.3

 
1,949.7

 
(20.7
)
 
3,005.9

Property, plant, equipment and mine development, net
—

 
4,908.8

 
6,453.9

 
—

 
11,362.7

Investments and other assets
10,300.8

 
199.7

 
1,496.1

 
(9,632.2
)
 
2,364.4

Total assets
$
10,894.4

 
$
5,591.8

 
$
9,899.7

 
$
(9,652.9
)
 
$
16,733.0

 
 
 
 
 
 
 
 
 
 
Liabilities and Stockholders’ Equity
 
 
 
 
 
 
 
 
 
Current liabilities
 
 
 
 
 
 
 
 
 
Current maturities of long-term debt
$
62.5

 
$
—

 
$
38.6

 
$
—

 
$
101.1

Payables to (receivables from) affiliates, net
2,417.8

 
(2,529.1
)
 
111.3

 
—

 
—

Liabilities from coal trading activities, net
—

 
4.2

 
6.1

 
—

 
10.3

Deferred income taxes
11.6

 
—

 
9.1

 
(20.7
)
 
—

Accounts payable and accrued expenses
69.4

 
868.8

 
774.1

 
—

 
1,712.3

Total current liabilities
2,561.3

 
(1,656.1
)
 
939.2

 
(20.7
)
 
1,823.7

Long-term debt, less current maturities
6,428.8

 
—

 
127.6

 
—

 
6,556.4

Deferred income taxes
76.0

 
126.3

 
351.9

 
—

 
554.2

Notes payable to (receivable from) affiliates, net
(3,720.0
)
 
(981.5
)
 
4,701.5

 
—

 
—

Other noncurrent liabilities
63.2

 
1,892.6

 
327.1

 
—

 
2,282.9

Total liabilities
5,409.3

 
(618.7
)
 
6,447.3

 
(20.7
)
 
11,217.2

Peabody Energy Corporation’s stockholders’ equity
5,485.1

 
6,210.5

 
3,421.7

 
(9,632.2
)
 
5,485.1

Noncontrolling interests
—

 
—

 
30.7

 
—

 
30.7

Total stockholders’ equity
5,485.1

 
6,210.5

 
3,452.4

 
(9,632.2
)
 
5,515.8

Total liabilities and stockholders’ equity
$
10,894.4

 
$
5,591.8

 
$
9,899.7

 
$
(9,652.9
)
 
$
16,733.0
Unaudited Supplemental Condensed Consolidating Statements of Cash Flows

Unaudited Supplemental Condensed Consolidating Statements of Cash Flows
 
Three Months Ended March 31, 2012
 
Parent
Company
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Consolidated
 
(Dollars in millions)
Cash Flows From Operating Activities
 
 
 
 
 
 
 
Net cash provided by continuing operations
$
118.9

 
$
205.2

 
$
107.3

 
$
431.4

Net cash used in discontinued operations
—

 
(1.3
)
 
(34.6
)
 
(35.9
)
Net cash provided by operating activities
118.9

 
203.9

 
72.7

 
395.5

Cash Flows From Investing Activities
 
 
 
 
 
 
 
Additions to property, plant, equipment and mine development
—

 
(55.5
)
 
(179.8
)
 
(235.3
)
Investment in Prairie State Energy Campus
—

 
(3.3
)
 
—

 
(3.3
)
Proceeds from disposal of assets
—

 
4.6

 
—

 
4.6

Proceeds from sales and maturities of debt securities
—

 
—

 
3.1

 
3.1

Contributions to joint ventures
—

 
—

 
(208.9
)
 
(208.9
)
Distributions from joint ventures
—

 
—

 
221.4

 
221.4

Repayments of loans from related parties
—

 
—

 
338.7

 
338.7

Advances to related parties
—

 
—

 
(322.0
)
 
(322.0
)
Other, net
—

 
(0.5
)
 
—

 
(0.5
)
Net cash used in continuing operations
—

 
(54.7
)
 
(147.5
)
 
(202.2
)
Net cash used in discontinued operations
—

 
—

 
(0.9
)
 
(0.9
)
Net cash used in investing activities
—

 
(54.7
)
 
(148.4
)
 
(203.1
)
Cash Flows From Financing Activities
 
 
 
 
 
 
 
Payments of long-term debt
(6.3
)
 
—

 
(7.1
)
 
(13.4
)
Dividends paid
(23.2
)
 
—

 
—

 
(23.2
)
Repurchase of employee common stock relinquished for tax withholding
(7.9
)
 
—

 
—

 
(7.9
)
Excess tax benefits related to share-based compensation
3.5

 
—

 
—

 
3.5

Proceeds from stock options exercised
1.4

 
—

 
—

 
1.4

Other, net
3.3

 
—

 
(2.8
)
 
0.5

Transactions with affiliates, net
27.5

 
(149.1
)
 
121.6

 
—

Net cash (used in) provided by financing activities
(1.7
)
 
(149.1
)
 
111.7

 
(39.1
)
Net change in cash and cash equivalents
117.2

 
0.1

 
36.0

 
153.3

Cash and cash equivalents at beginning of period
283.2

 
0.8

 
515.1

 
799.1

Cash and cash equivalents at end of period
$
400.4

 
$
0.9

 
$
551.1

 
$
952.4

Unaudited Supplemental Condensed Consolidating Statements of Cash Flows
 
Three Months Ended March 31, 2011
 
Parent
Company
 
Guarantor
Subsidiaries
 
Non-Guarantor
Subsidiaries
 
Consolidated
 
(Dollars in millions)
Cash Flows From Operating Activities
 
 
 
 
 
 
 
Net cash provided by (used in) continuing operations
$
63.2

 
$
185.7

 
$
(13.7
)
 
$
235.2

Net cash provided by (used in) discontinued operations
0.1

 
(0.3
)
 
(14.4
)
 
(14.6
)
Net cash provided by (used in) operating activities
63.3

 
185.4

 
(28.1
)
 
220.6

Cash Flows From Investing Activities
 
 
 
 
 
 
 
Additions to property, plant, equipment and mine development
—

 
(39.1
)
 
(54.5
)
 
(93.6
)
Investment in Prairie State Energy Campus
—

 
(8.9
)
 
—

 
(8.9
)
Proceeds from disposal of assets
—

 
5.5

 
—

 
5.5

Investment in equity affiliates and joint ventures
—

 
(1.1
)
 
—

 
(1.1
)
Proceeds from sales of debt and equity securities
—

 
—

 
15.5

 
15.5

Purchases of debt and equity securities
—

 
—

 
(14.6
)
 
(14.6
)
Purchases of short-term investments
(75.0
)
 
—

 
(25.0
)
 
(100.0
)
Other, net
—

 
(0.4
)
 
—

 
(0.4
)
Net cash used in continuing operations
(75.0
)
 
(44.0
)

(78.6
)

(197.6
)
Net cash used in discontinued operations
—

 
—

 
(13.6
)
 
(13.6
)
Net cash used in investing activities
(75.0
)
 
(44.0
)

(92.2
)

(211.2
)
Cash Flows From Financing Activities
 
 
 
 
 
 
 
Payments of long-term debt
(6.3
)
 
—

 
(3.7
)
 
(10.0
)
Dividends paid
(23.0
)
 
—

 
—

 
(23.0
)
Repurchase of employee common stock relinquished for tax withholding
(15.1
)
 
—

 
—

 
(15.1
)
Excess tax benefits related to share-based compensation
4.9

 
—

 
—

 
4.9

Proceeds from stock options exercised
4.0

 
—

 
—

 
4.0

Other, net
3.1

 
—

 
4.7

 
7.8

Transactions with affiliates, net
(68.3
)
 
(143.2
)
 
211.5

 
—

Net cash (used in) provided by financing activities
(100.7
)
 
(143.2
)
 
212.5

 
(31.4
)
Net change in cash and cash equivalents
(112.4
)
 
(1.8
)
 
92.2

 
(22.0
)
Cash and cash equivalents at beginning of period
903.8

 
5.2

 
386.2

 
1,295.2

Cash and cash equivalents at end of period
$
791.4

 
$
3.4

 
$
478.4

 
$
1,273.2